Vedanta says awaiting India govt nod for semiconductor plant in Gujarat
Vedanta had to rework its foray into semiconductors after Foxconn pulled out of its $19.5 billion chipmaking project.
Source: indiatimes.com
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Foxconn may partner with TSMC and TMH to set up semiconductor units in India: Report
Earlier this week, Foxconn called off the chipmaking joint venture with Anil Agarwal-controlled Vedanta Group and said it intends to apply for incentives under the government’s semiconductor production plan separately.
Source: businesstoday.in
Foxconn Withdraws From its Joint Semiconductor Manufacturing Venture with Vendanta Group
On July 7, Vedanta Group Ltd announced that its board of directors has approved the acquisition of 100% of Vedanta Foxconn Semiconductors Pvt Ltd.
Source: medianama.com
Foxconn targets India's chip scheme
Move comes after the company pulled the plug on a JV worth $19.5b
Source: tribune.com.pk
Foxconn Technology | Foxconn to make fresh application to set up semiconductor manufacturing unit in India
Company confirmed that both JV partners have mutually agreed to part ways as project was not moving fast enough
Source: telegraphindia.com